Snap-on (NYSE:SNA) Given Outperform Rating at Barrington Research

Barrington Research reissued their outperform rating on shares of Snap-on (NYSE:SNA) in a report published on Monday morning,Benzinga reports. Barrington Research currently has a $350.00 price objective on the stock. Barrington Research also issued estimates for Snap-on’s Q1 2025 earnings at $4.73 EPS, Q2 2025 earnings at $4.96 EPS, Q3 2025 earnings at $4.90 EPS, Q4 2025 earnings at $5.01 EPS, FY2025 earnings at $19.59 EPS, Q1 2026 earnings at $5.21 EPS, Q2 2026 earnings at $5.51 EPS, Q3 2026 earnings at $5.27 EPS, Q4 2026 earnings at $5.33 EPS and FY2026 earnings at $21.32 EPS.

Other analysts have also issued research reports about the stock. Robert W. Baird boosted their target price on shares of Snap-on from $290.00 to $347.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Tigress Financial boosted their price objective on Snap-on from $336.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Bank of America raised their target price on Snap-on from $255.00 to $280.00 and gave the company an “underperform” rating in a research note on Friday, October 18th. Finally, Roth Mkm increased their price objective on shares of Snap-on from $324.00 to $365.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $345.40.

Snap-on Price Performance

NYSE:SNA opened at $334.54 on Monday. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 17.16, a price-to-earnings-growth ratio of 2.13 and a beta of 0.99. The company has a current ratio of 4.15, a quick ratio of 3.14 and a debt-to-equity ratio of 0.22. Snap-on has a 12-month low of $252.98 and a 12-month high of $373.89. The company’s 50-day moving average is $346.16 and its two-hundred day moving average is $320.59.

Snap-on (NYSE:SNA) last released its quarterly earnings data on Thursday, February 6th. The company reported $4.82 earnings per share for the quarter, beating the consensus estimate of $4.78 by $0.04. Snap-on had a return on equity of 19.20% and a net margin of 21.71%. During the same period last year, the company posted $4.75 EPS. Research analysts expect that Snap-on will post 20.07 EPS for the current year.

Insider Transactions at Snap-on

In related news, SVP Jesus Arregui sold 6,451 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $337.81, for a total value of $2,179,212.31. Following the completion of the transaction, the senior vice president now owns 257 shares in the company, valued at $86,817.17. This trade represents a 96.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Nicholas T. Pinchuk sold 21,783 shares of Snap-on stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $354.83, for a total value of $7,729,261.89. Following the completion of the transaction, the chief executive officer now directly owns 769,738 shares in the company, valued at $273,126,134.54. This represents a 2.75 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,643 shares of company stock valued at $13,580,191. Corporate insiders own 4.10% of the company’s stock.

Institutional Trading of Snap-on

Several institutional investors have recently made changes to their positions in SNA. Vanguard Group Inc. grew its holdings in shares of Snap-on by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 6,404,599 shares of the company’s stock valued at $2,174,233,000 after acquiring an additional 19,328 shares in the last quarter. State Street Corp increased its position in Snap-on by 0.5% in the 3rd quarter. State Street Corp now owns 2,115,973 shares of the company’s stock worth $613,019,000 after purchasing an additional 10,645 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Snap-on by 4.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,806,278 shares of the company’s stock worth $613,195,000 after purchasing an additional 77,486 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Snap-on by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 1,641,159 shares of the company’s stock valued at $556,022,000 after buying an additional 27,700 shares during the last quarter. Finally, Nordea Investment Management AB grew its stake in shares of Snap-on by 12.8% in the 4th quarter. Nordea Investment Management AB now owns 1,128,317 shares of the company’s stock valued at $384,813,000 after buying an additional 127,859 shares in the last quarter. 84.88% of the stock is currently owned by institutional investors and hedge funds.

About Snap-on

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.